$975,000 ($174.11 per sqft)

Est. Mortgage $4,739/mo *

Quick Pre-Approval

Listing courtesy of Marie Matta-Isona (203) 314-9195, iVision Real Estate (203) 871-1068


Price History

$945,000
6/16/2025

$899,000
11/3/2025

$975,000
3/24/2026


83 James Street, New Haven, (Fair Haven), CT, 06513

83 James Street, New Haven, (Fair Haven), CT, 06513

28 rooms

15 beds

7 Full baths

1900

Units on different Floors

5,600 sqft

Following strong investor interest and a review of the property's financial performance, the asset has been repositioned to reflect its stabilized income and long-term value. Fully stabilized and well-maintained 5-unit multifamily delivering immediate cash flow and operational stability. The property is 100% occupied with proven tenant history, consistent collections, and strong in-place income exceeding $121,800 annually. Several units feature recent updates and improvements that support tenant retention and continued rent growth. Efficient operating expenses and a solid NOI create a strong overall performance profile. Located in a high-demand rental market in New Haven, this turnkey investment offers both immediate yield and long-term upside. Ideal for investors seeking a stabilized, income-producing asset with reliable performance and DSCR-compatible metrics. Following strong investor interest and a review of the property's financial performance, the asset has been repositioned to reflect its stabilized income and long-term value. Fully stabilized and well-maintained 5-unit multifamily delivering immediate cash flow and operational stability. The property is 100% occupied with proven tenant history, consistent collections, and strong in-place income exceeding $121,800 annually. Several units feature recent updates and improvements that support tenant retention and continued rent growth. Efficient operating expenses and a solid NOI create a strong overall performance profile. Located in a high-demand rental market in New Haven, this turnkey investment offers both immediate yield and long-term upside. Ideal for investors seeking a stabilized, income-producing asset with reliable performance and DSCR-compatible metrics.


Status:

Active

Town:

New Haven

Type:

Multi-family

Laundry Remarks:

None

Units:

5

Zoning:

RM2

Garage:

Paved, Parking Lot, Off Street Parking

Heating:

Gas on Gas

Cooling:

None

Basement:

Partial, Partial With Walk-Out

Parking:

10-car

Acreage:

0.13

Est. Taxes:

$13,052

Assessment

$339,010

Lot Description:

Corner Lot,Level Lot

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

340

MLS #:

24103991


Community Info

School Info

Walk Score

Mass Transit

Yelp


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